The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Nature’s Vault Launches Gold-Linked Utility Token NVLT in the Polygon Ecosystem

by ChainWire
August 25, 2022
in Industry Announcements

August 25, 2022 – Singapore, Singapore


Nature’s Vault, a Singapore-based green tech company, announced today a strategic collaboration with Polygon Network, a leading Web 3.0 protocol provider.

Launched earlier this year, Nature’s Vault’s mission is to develop innovative and impactful ESG investments that combat climate change – namely greenhouse gas emissions and ecosystem degradation. It’s the first blockchain solution to tokenize geologically quantified un-mined gold deposits.

The company’s first project, the Legacy Token, ultimately aims to acquire the mining rights over and protect at least one million ounces of gold, located in environmentally pristine locations across Canada.

The company has already acquired the first 125,000 ounces at a location called Pistol Lake in Ontario and is in active negotiations on their second acquisition. This preservation of gold is then tokenized as the Legacy Token or NVLT.

Polygon is a layer two blockchain development platform that believes in making Web 3.0 more accessible. Polygon enables developers to build scalable user-friendly DApps with low transaction fees without ever sacrificing on security.

The Polygon ecosystem allows developers to sidestep a number of limitations on the Ethereum blockchain, namely high gas fees and sluggish throughput – all while leveraging the security features of the  Ethereum mainnet.

Stefan Renton, sustainability lead at Polygon, said,

“Polygon acts as a base layer for innovation and development of new solutions to our planet’s most critical problems. That is why we are delighted to have Nature’s Vault on Polygon. Nature’s Vault is tackling environmental impact in a creative way, showcasing itself as an example of projects we are strongly committed to supporting.”

Polygon is a multi-purpose ecosystem that leverages eco-friendly proof-of-stake consensus. At the time of writing, over 3.4 billion transactions have been made on the platform – with over three million transactions per day – and the platform hosts over 37,000 decentralized applications serving a user base of over 142 million.

As a strategic partner, Polygon hosts the Legacy Token on the Polygon blockchain and will facilitate transactions of the token once it launches. Presales of NVLT start next month, and Nature’s Vault expects to hold its public sale of the Legacy Token in November 2022 on a leading global exchange.

Phil Rickard, founder and CEO of Nature’s Vault, said,

“We are delighted to partner with Polygon and position Legacy Token in their rapidly expanding Web 3.0 ecosystem. Together, we are creating real opportunities for investors to not only acquire a gold-linked token but also participate directly in our mission to combat climate change by reducing unnecessary gold mining. We are working hard to change the way society thinks about and invests in gold. An investment in Legacy Token on the Polygon network is an investment in our planet’s future.”

About Nature’s Vault

Nature’s Vault, is a Singapore-based green tech company, focusing on innovative and impactful natural capital solutions. Nature’s Vault’s focus is on the future. Beyond the climate crisis, they believe in the conservation of natural capital resources, which we all have a duty to protect.

Nature’s Vault’s vision is to build the world’s pre-eminent ESG finance platform – giving everyone access to investments that protect our planet. Their mission is to broaden accessibility and accelerate funding of impactful initiatives combating climate change and ecosystem damage, advancing us to a net-zero future.

For more information, visit the link below.

Nature’s Vault’s LinkTree

Contact

Jason Wagner, COO of Nature’s Vault

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Binance Launches Free Tax Tool To Provide Tax Details for Crypto Transactions in First Step of Global Launch
    February 6, 2023
  • BlockJoy Secures Nearly $11 Million From Gradient Ventures, Draper Dragon, Active Capital and More To Launch Decentralized Blockchain Operations
    February 2, 2023
  • Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
    February 1, 2023
  • Sign Up Today for the TRON Grand Hackathon aka HackaTRON Season Four
    February 1, 2023
  • MegaWorld Land Gameplay on BNB Chain Starts February 15, 2023
    February 1, 2023
  • Web 3.0 Hackathon on Astar Sponsored by Toyota Motor Corporation
    February 1, 2023
  • Match-Trader White Label by B2Broker Gives Brokers a Comprehensive Online Trading Platform With B2Core Integration
    February 1, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$22,929.14
$22,929.14
0.44%
Ethereum
$1,636.85
$1,636.85
0.07%
Cardano
$0.38789
$0.38789
0.97%
XRP
$0.397333
$0.397333
0.82%
Dogecoin
$0.091183
$0.091183
1.46%

Spotlight

  • ARK Invest’s Cathie Wood Details Massive 2,000% Bitcoin Rally Prediction After Crypto Market Bounce
    February 1, 2023
  • Popular Crypto Analyst Forecasts Explosive Bitcoin Rally As Potential Golden Cross Spotted – But There’s a Catch
    February 4, 2023
  • Analyst Forecasts Extended Rallies for Shiba Inu, Avalanche, Fantom and One Additional Crypto Asset
    February 6, 2023
  • Analyst Nicholas Merten Issues Warning, Says Stocks and Crypto About To Trap Traders Before New Lows
    January 30, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl